Ask a Question
or
Create a Poll
  1. Home /
  2. Questions /
  3. Finance
  4. / Credit Cards
  5. / Credit Cards In General

by Jac5775 on October 10th, 2006

Jac5775

Question

Help answer this question below.

My mother died Feb2006.'Notice to Creditors'published in newspaper April&May06 stating all persons having claims against the estate were required to present their claims within 2 months or they would be forever barred.Is this true?Do I send

Share:
Other

Answers. Showing one answer.

  • by Ullyses on October 10th, 2006

    Ullyses

    You say you published a Notice to Creditors in a newspaper, but which one?

    If you have hidden a notice in some small local newspaper then you could well be deemed to have not taken reasonable steps to notify creditors. I would also have some problem with the part about being forever barred. While it might put off some potential creditors it has no real legal standing. A creditor who is on a round-the-world cruise just now would still have a good case for recovering monies. The best you can do is advertise the Notice in at least regional, if not national press and accept that there could possibly be a challenge in the future. I'm sure your statute of limitations would have something to cover a timescale, though.

    Comments
    • Like
    • Report

    No comments. Post one | Permalink

Want to attach an image to your answer? Click here.

Did this answer your question? If not, then ask a new question or create a poll.

More Questions. Additional questions in this category.

You're reading My mother died Feb2006.'Notice to Creditors'published in newspaper April&May06 stating all persons having claims against the estate were required to present their claims within 2 months or they would be forever barred.Is this true?Do I send

Follow us on Facebook!

Related Ads

Related Questions

Professionally Researched

Answerbag

a Demand Media company